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Slate Office REIT (SOT_u.TO)

SOT_u.TO on Toronto Stock Exchange

7.68CAD
12 Oct 2018
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Latest Key Developments (Source: Significant Developments)

Slate Office REIT Qtrly Adjusted FFO Was $0.17 Per Unit
Tuesday, 7 Aug 2018 

Aug 6 (Reuters) - Slate Office REIT ::REPORTS SECOND QUARTER 2018 RESULTS.SAME-PROPERTY NET OPERATING INCOME ("NOI") WAS UP 11.7% IN Q2 OF 2018 COMPARED TO SAME PERIOD IN PRIOR YEAR.OCCUPANCY AT JUNE 30, 2018 WAS 86.8%, UP 90 BASIS POINTS FROM Q1 OF 2018 AND 240 BASIS POINTS FROM Q2 OF 2017..QTRLY RENTAL REVENUE WAS $52.1 MILLION, AN INCREASE OF $15.9 MILLION COMPARED TO Q2 2017.QTRLY ADJUSTED FUNDS FROM OPERATIONS ("AFFO") WAS $0.17 PER UNIT.QTRLY CORE FUNDS FROM OPERATIONS ("CORE FFO") WAS $0.20 PER UNIT.  Full Article

Slate Office REIT Announces Acquisition Of 120 South Lasalle In Chicago
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Slate Office REIT ::SLATE OFFICE REIT ANNOUNCES ACQUISITION OF 120 SOUTH LASALLE IN CHICAGO, ILLINOIS AND PROPERTY DISPOSITION IN ST. JOHN’S, NEWFOUNDLAND.SLATE OFFICE REIT - DEAL FOR $155.5 MILLION.  Full Article

Slate Office Reports Qtrly AFFO Per Unit Of $0.16
Wednesday, 9 May 2018 

May 8 (Reuters) - Slate Office REIT ::REPORTS FIRST QUARTER 2018 RESULTS.QTRLY RENTAL REVENUE WAS $44.3 MILLION, AN INCREASE OF $1.9 MILLION COMPARED TO Q4 2017..QTRLY CORE FFO PER UNIT $0.19.QTRLY FFO PER UNIT $0.18.QTRLY AFFO PER UNIT $0.16.Q1 FFO PER SHARE VIEW C$0.21 -- THOMSON REUTERS I/B/E/S.  Full Article

Slate Office REIT Announces $16.74 Mln Property Disposition In Etobicoke,ON
Monday, 7 May 2018 

May 7 (Reuters) - Slate Office REIT ::SLATE OFFICE REIT ANNOUNCES $16.74 MILLION PROPERTY DISPOSITION IN ETOBICOKE, ON.SLATE OFFICE REIT - EXPECTS TO INITIALLY USE NET PROCEEDS TO REDUCE OUTSTANDING DEBT, WHICH MAY BE REDRAWN TO FUND FUTURE ACQUISITION ACTIVITY.  Full Article

Slate Office REIT Plans To Acquire Seven Asset Office Portfolio For $191.4 Mln
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Slate Office Reit ::SLATE OFFICE REIT ANNOUNCES PLAN TO ACQUIRE SEVEN ASSET OFFICE PORTFOLIO FOR $191.4 MILLION AND BOUGHT DEAL OFFERING COMPRISED OF $90 MILLION OF SUBSCRIPTION RECEIPTS AND $25 MILLION OF CONVERTIBLE DEBENTURES.SLATE OFFICE REIT ANNOUNCES PLAN TO ACQUIRE SEVEN ASSET OFFICE PORTFOLIO FOR $191.4 MILLION AND BOUGHT DEAL OFFERING COMPRISED OF $90 MILLION OF SUBSCRIPTION RECEIPTS AND $25 MILLION OF CONVERTIBLE DEBENTURES.SLATE OFFICE REIT - ‍ACQUISITIONS ARE EXPECTED TO BE IMMEDIATELY ACCRETIVE TO REIT'S 2018 AFFO PER UNIT ON A LEVERAGE-NEUTRAL BASIS​.SLATE OFFICE REIT - ‍IN CONJUNCTION WITH DEALS, REIT ENTERED INTO AGREEMENT WITH UNDERWRITERS CO-LED BY BMO CAPITAL MARKETS,NATIONAL BANK FINANCIAL INC​.SLATE OFFICE REIT - ‍ENTERED AGREEMENT WITH UNDERWRITERS TO ISSUE $90 MILLION SUBSCRIPTION RECEIPTS, $25 MILLION CONVERTIBLE UNSECURED SUBORDINATED DEBENTURES​.SLATE OFFICE REIT - ‍NET PROCEEDS FROM SALE OF DEBENTURES WILL INITIALLY BE USED TO REDUCE OUTSTANDING INDEBTEDNESS UNDER REIT'S CREDIT FACILITY​.  Full Article

Slate Office REIT Announces Acquisition Of Asset In Chicago, Illinois
Tuesday, 2 Jan 2018 

Jan 2 (Reuters) - Slate Office REIT ::SLATE OFFICE REIT ANNOUNCES ACQUISITION OF 20 SOUTH CLARK STREET IN CHICAGO, ILLINOIS.SLATE OFFICE REIT - DEAL FOR US$85.6 MILLION.SLATE OFFICE REIT - 20 SOUTH CLARK PURCHASED USING EXISTING BALANCE SHEET LIQUIDITY AND NEW DEBT FINANCING.  Full Article

Slate Office REIT reports Q3 ‍AFFO per unit of $0.17​
Wednesday, 8 Nov 2017 

Nov 7 (Reuters) - Slate Office REIT -:SLATE OFFICE REIT REPORTS THIRD QUARTER 2017 RESULTS.QTRLY ‍RENTAL REVENUE WAS $41.2 MILLION, WHICH IS A 31.5% INCREASE OVER SAME PERIOD IN PRIOR YEAR.​.QTRLY ‍SAME PROPERTY NOI WAS $14.5 MILLION, REPRESENTING AN INCREASE OF $0.2 MILLION OVER Q2 OF 2017​.QTRLY ‍AFFO PER UNIT $0.17​.‍QTRLY CORE FFO PER UNIT $0.21​.  Full Article

BRIEF-Slate Office Reports Qtrly AFFO Per Unit Of $0.16

* QTRLY RENTAL REVENUE WAS $44.3 MILLION, AN INCREASE OF $1.9 MILLION COMPARED TO Q4 2017.